ABB wins Zayed Future Energy Prize 2014

ABB, the global power and automation technology group, has been awarded the
Zayed Future Energy Prize 2014 in recognition of its efforts to drive
innovation, renewable energy and energy efficiency.

"It is a great honor
to have won the Zayed Future Energy Prize 2014,” said ABB Chief Executive
Officer, Ulrich Spiesshofer.

ABB stands for power and productivity for a better
world. This prize underlines our relentless drive for innovation to create new
offerings and value propositions for our clients in the renewable energy and
energy efficiency fields.”

The award in the category ‘Large Corporations’
was presented to Spiesshofer by His Highness General Sheikh Mohammed bin Zayed
Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed
Forces of the United Arab Emirates at a glittering awards ceremony in Abu Dhabi,
the capital city of the UAE. The Zayed Future Energy Prize was launched in 2008
to recognize and reward the very best solutions in renewable energy and
sustainability. It was named in honor of the late Sheikh Zayed bin Sultan Al
Nahyan, who was a founder of the UAE, ruler of Abu Dhabi, and the UAE’s first
president from 1971 until his death in 2004.

This award brings with it
the responsibility to spread the vision and environmental stewardship of the
late Sheikh Zayed bin Sultan Al Nahyan,” Spiesshofer added. “We will ensure that
ABB serves as a role model to promote the prize as an incentive to spur further
innovation in sustainable energy technologies around the world. Winning this
prize will strengthen our belief and make us even more determined to pursue our
vision, mission and strategy towards sustainable energy and towards a
sustainable future.”